Capstone, Carlyle tap Winick to market 570 Seventh retail

New York /
Jan.January 31, 2014 11:48 AM

Capstone Equities and the Carlyle Group tapped Winick Realty Group to market a 20,000-square-foot flagship retail space at 570 Seventh Avenue Near 41st Street, Winick Realty Group told The Real Deal exclusively.

The owners plan to renovate the entire building and install a new glass facade after the leases expire. Winick’s Jeff Winick, Darrell Rubens and Lee Block will handle the marketing. They are targeting restaurants, fashion outlets and financial institutions to occupy vacant space, according to a statement from Winick.

The retail space at the 20-story Midtown building includes 3,600 square feet in the basement, 4,950 square feet on the ground floor, 6,100 square feet on the second floor and 6,100 square feet on the third. There are also 75-foot-by-25-foot LED billboards available, the listing said.

Earlier this month, the Durst Organization recruited Winick to market the retail space at Durst’s condominium 205 East 42nd Street, as previously reported. — Mark Maurer


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